IDEX (IEX) Set to Announce Earnings on Monday

IDEX (NYSE:IEX) will post its quarterly earnings results after the market closes on Monday, January 29th. Analysts expect IDEX to post earnings of $1.08 per share for the quarter.

IDEX (IEX) opened at $138.35 on Monday. IDEX has a 12-month low of $88.29 and a 12-month high of $138.57. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.04 and a current ratio of 2.84. The firm has a market capitalization of $10,570.22, a P/E ratio of 35.47, a price-to-earnings-growth ratio of 2.26 and a beta of 1.24.

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The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 30th. Shareholders of record on Monday, January 15th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, January 11th. IDEX’s dividend payout ratio (DPR) is currently 37.95%.

A number of equities analysts have weighed in on the company. Zacks Investment Research raised IDEX from a “sell” rating to a “hold” rating in a research report on Thursday. Wells Fargo & Co set a $155.00 price target on IDEX and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus reaffirmed a “hold” rating and set a $145.00 price target (up previously from $132.00) on shares of IDEX in a research report on Tuesday, January 16th. Robert W. Baird reaffirmed a “buy” rating and set a $141.00 price target on shares of IDEX in a research report on Friday, December 15th. Finally, Seaport Global Securities reaffirmed a “neutral” rating on shares of IDEX in a research report on Wednesday, October 18th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. IDEX has an average rating of “Hold” and an average price target of $121.60.

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